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Curis Resources Ltd
Symbol CUV
Shares Issued 63,125,324
Close 2013-07-05 C$ 0.64
Market Cap C$ 40,400,207
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Curis receives final amended aquifer protection permit

2013-07-08 08:40 ET - News Release

Mr. Michael McPhie reports

CURIS RECEIVES FINAL PHASE 1 STATE OF ARIZONA OPERATING PERMIT FOR FLORENCE COPPER PROJECT

Following an extensive and all-inclusive public consultation and review process, Curis Resources Ltd. has received a final amended aquifer protection permit from Arizona's Department of Environmental Quality. This permit applies to the design, operation and closure of phase 1 operations at Florence copper.

"After an exhaustive public consultation process, the receipt of our final phase 1 operating permit from the Arizona Department of Environmental Quality is a significant validation of the engineering and safety of the Florence copper project and another important milestone for the company," said Michael McPhie, Curis president and chief executive officer. "With our financing in place, detailed engineering complete and long-lead-time equipment ordered, this positive decision by ADEQ brings us one step closer to the start of construction and copper production at Florence copper."

On Sept. 28, 2012, Curis Resources (Arizona) Inc. received an aquifer protection permit for the phase 1 development of the Florence copper project. This permit authorized the construction, operation and closure of a 24-well in situ copper recovery (ISCR) operation at the company's project site in Florence, Ariz. As part of the APP process in Arizona, this permit was required to undergo a review by the public and interested parties through a formal consultation process. This process included a public hearing held in the town of Florence by ADEQ, and subsequent receipt and consideration of comments from interested parties. This public process has taken into account all these comments, and an amended phase 1 APP has now been issued containing some minor modifications to the previously granted APP.

"Receiving the final APP after an exhaustive and thorough public consultation process is good news for Florence copper, for the town of Florence and the state of Arizona," said Florence copper vice-president and general manager Dan Johnson. "ADEQ is the agency responsible for ensuring the protection of Arizona's water quality, and they have done just that with this permit."

The APP is one of two major operating permits that Florence copper requires to move the first phase of operations forward at Florence copper. The second is the underground injection control permit, which is in the final stages of review by the United States Environmental Protection Agency. Phase 1 operations will consist of a production test facility that includes a 24-well in situ recovery well field and a state-of-the-art solvent extraction/electrowinning facility that will produce copper cathode. The PTF will assist in the demonstration of the science and safety of in situ technology and provide an opportunity for the public to fully engage with and understand this modern copper extraction technology.

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